Nvidia
Federal regulators have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry, in the strongest sign of how regulatory scrutiny into the powerful technology has escalated. The Justice Department and the Federal Trade Commission struck the deal over […]
The biggest antitrust regulators in the US are stepping up their scrutiny of the nation’s most powerful developers of artificial intelligence. The Justice Department and the Federal Trade Commission have launched and divided up investigations of Nvidia (NVDA), Microsoft (
By Jody Godoy (Reuters) -The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry, according to a source familiar with the matter. Under the deal, the U.S. Department of […]
(Bloomberg) — US equity futures rallied following upbeat earnings from Nvidia Corp. released after the New York close, which reinforced optimism for the global artificial intelligence boom. Most Read from Bloomberg Nvidia said second-quarter revenue will be about $28 billion, beating analysts’ estimates. The company also announced a 10-for-1 stock split and boosted its quarterly […]
US stocks slipped away from record highs on Wednesday as investors waited for AI bellwether Nvidia’s (NVDA) pivotal earnings and for more clues to the Federal Reserve’s thinking on interest-rate cuts. S&P 500 (
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. No company has moved from an equity value of $1tn to $2tn as quickly as Nvidia. The chip designer doubled its market cap in less than nine months. The boom in generative artificial intelligence means […]
By Mariko Oi Business reporter 1 hour ago Image source, Getty Images Image caption, Nvidia CEO Jensen Huang announced the new AI chip at an event in San Jose, California Nvidia has unveiled its latest artificial intelligence (AI) chip which is 30 times speedier at some tasks than its predecessor.
(Bloomberg) — Global stocks rallied, with Japan’s benchmark hitting a record high and Europe’s on track to do the same, after Nvidia’s blowout sales forecast reinforced investor conviction in the boom in generative AI use. Most Read from Bloomberg The Nasdaq 100 index futures jumped 2% and S&P 500 contracts were up more than a […]
Nvidia CEO Jensen Huang.I-Hwa Cheng/AFP/Getty Images US futures fell in premarket trading on Wednesday. Traders are waiting for AI darling Nvidia’s quarterly earnings report due after the closing bell. Minutes from the Fed’s January meeting will also give investors a sense of where rates are headed. US stocks looked set to trade lower Wednesday as […]
Big Food is itching to hit the reset button on its narrative with investors, who have soured on the group amid the spread of the Ozempic craze and consumers balking at still inflationary prices. Enter CAGNY, more formally known as the annual Consumer Analyst Group of New . . .